Human Made Valuation Multiples

Human Made is valued at $978M as of September 2026, a 8.1x revenue multiple. In the last 12 months, Human Made revenue was $112M.

Human Made Overview

About Human Made

Human Made Inc is engaged in Manufacture and sale of various apparel and textile products such as men’s, women’s, and children’s apparel and decorative miscellaneous goods.


Founded

2016

HQ

Japan

Employees

N/A

Financials (LTM)

Revenue: $112M
Net Income: $22M

EV

$913M

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Human Made Financials

Human Made reported last 12-month revenue of $112M.

In the same LTM period, Human Made generated $74M in gross profit and $22M in net income.


Human Made P&L

In the most recent fiscal year, Human Made reported revenue of $91M and EBITDA of $28M.

Human Made is profitable as of last fiscal year, with gross margin of 65%, EBITDA margin of 31%, and net margin of 21%.

See analyst estimates for Human Made
LTMLast FY202620272028
Revenue$112M$91M
Gross Profit$74M$59M
Gross Margin66%65%
EBITDA-$28M
EBITDA Margin-31%
EBIT Margin29%32%
Net Profit$22M$19M
Net Margin20%21%
Net Debt-($61M)

Financial data powered by Morningstar, Inc.

Human Made Stock Performance

Human Made has current market cap of $978M, and enterprise value of $913M.

Market Cap Evolution


Human Made's stock price is $10.67.

Human Made has an EPS (earnings per share) of $0.20.

See more trading valuation data for Human Made
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$913M$978M-0.1%---$0.20

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Human Made Valuation Multiples

Human Made trades at 8.1x EV/Revenue multiple, and 32.9x EV/EBITDA.

See NTM and 2027E valuation multiples for Human Made

Human Made Financial Valuation Multiples

As of September 24, 2026, Human Made has market cap of $978M and EV of $913M.

Human Made has a P/E ratio of 44.3x.

LTMLast FY202620272028
EV/Revenue8.1x10.1x
EV/EBITDA-32.9x
EV/EBIT27.9x31.8x
EV/Gross Profit12.4x15.4x
P/E44.3x52.4x
EV/FCF-55.2x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Human Made Valuation Multiples

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Human Made Margins & Growth Rates

Human Made grew revenue by 37% and EBITDA by 38% in the last fiscal year.

In the most recent fiscal year, Human Made reported gross margin of 65%, EBITDA margin of 31%, and net margin of 21%.

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Human Made Margins

Last FY2026202720282029
Gross Margin65%66%
EBITDA Margin31%31%
EBIT Margin32%28%
Net Margin21%19%
FCF Margin18%7%

Human Made Growth Rates

FY+1/FY26/2727/2828/29
Revenue Growth37%
Gross Profit Growth38%
EBITDA Growth38%
EBIT Growth21%
Net Profit Growth29%
FCF Growth(51%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Human Made Operational KPIs

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Last FY202620272028
Opex to Revenue34%

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Human Made Competitors

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E

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Acquisitions by Human Made

Human Made has acquired 1 company to date.

Last acquisition by Human Made was on September 8th 2026. Human Made acquired Undercover for undisclosed valuation.

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Latest Acquisitions by Human Made

Undercover
Description
Undercover is a Japanese fashion label that designs and manufactures high-end clothing and accessories.
HQ CountryJapan
HQ City
Tokyo
Deal Date8 Sep 2026
Valuationundisclosed
EV/Revenue
EV/EBITDA

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About Human Made

When was Human Made founded?Human Made was founded in 2016.
Where is Human Made headquartered?Human Made is headquartered in Japan.
Is Human Made publicly listed?Yes, Human Made is a public company listed on Tokyo Stock Exchange.
What is the stock symbol of Human Made?Human Made trades under 456A ticker.
When did Human Made go public?Human Made went public in 2025.
Who are competitors of Human Made?Human Made main competitors include
What is the current market cap of Human Made?Human Made's current market cap is $978M.
What is the current revenue of Human Made?Human Made's last 12 months revenue is $112M.
What is the current revenue growth of Human Made?Human Made revenue growth (NTM/LTM) is 48%.
What is the current EV/Revenue multiple of Human Made?Current revenue multiple of Human Made is 8.1x.
What is the current net income of Human Made?Human Made's last 12 months net income is $22M.
How many companies Human Made has acquired to date?As of September 2026, Human Made has acquired 1 company.
What was the largest acquisition by Human Made?None of the M&A deals Human Made has completed have disclosed valuations.
What companies Human Made acquired?Human Made acquired Undercover.
In how many companies Human Made has invested to date?Human Made hasn't invested in any companies yet (or none have been disclosed publicly).

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